Science research spared in the Comprehensive Spending Review 

It was good news for the science community yesterday as Chancellor George Osborne confirmed that the science budget will continue to get support from this government.

From the BIS website (www.bis.gov.uk):

The Government will ensure the UK remains a world leader in science and research.

To do this it will continue support for the highest value scientific research, maintaining the science budget in cash terms over the Spending Review period with resource spending of £4.6 billion a year by 2014-15. A ring fence will be maintained by the Department for Business to ensure continuity of investment in Science and Research.

Key capital projects going ahead:

  • £220 million in funding for the UK Centre for Medical Research Innovation to go ahead as planned. 
  • £69 million in funding to be provided for the Diamond Synchrotron.

In addition to this:

To ensure that businesses have the highly skilled workforce needed to drive growth the Government will boost spending on adult apprenticeships by up to £250m by 2014-15, providing up to an additional 75,000 apprenticeship places by the end of the Spending Review period.

 

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